Publication:
Investment Law Reform: A Handbook for Development Practitioners

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dc.contributor.authorWorld Bank Group
dc.date.accessioned2016-10-19T21:18:51Z
dc.date.available2016-10-19T21:18:51Z
dc.date.issued2010
dc.description.abstractThe chief purpose of this handbook is to provide government lawyers with a framework to evaluate the quality of a country's investment legislation (if it exists) and how the legislation relates to its investment policy and investment incentives. More specifically, it deals with creating new and reforming existing investment legislation in developing and transition economies in furtherance of the World Bank Group's (WBG's) mandate to promote private investment - domestic and foreign - in those economies. Handbook appendices contain drafting guidelines and checklist of issues that foreign direct investment (FDI) laws should include and that countries can use when drafting investment legislation. The report is structured as follows: chapter one defines key terms about investment law reform in an effort to clarify terminology and concepts and show how they are related. Chapter two examines how widespread investment codes are and explains their utility and limitations. Chapter three provides recommendations on the structure of investment legislation and the key provisions to be included such as definitions, investors' guarantees, incentives, framework for investment promotion, and transitional provisions. Chapter four discusses the fundamental issue of investor entry, in particular the conditions under which foreign investors can invest including sectoral restrictions, limitations on foreign ownership, authorization and screening, minimum investment, and performance requirements. Chapter five discusses key investor guarantees including fair and equitable treatment, national treatment, most-favored-nation (MFN) treatment, protection against expropriation, guaranteed convertibility and repatriation of profits, and settlement of disputes. Chapter six looks at the issue of investment incentives, (fiscal incentives in particular) and their effectiveness. Chapter seven summarizes key aspects of investment promotion to guide legal drafters, should policymakers want the investment code to set out the basic framework of investment promotion. Chapter eight presents the various phases of investment law reform projects, from the government's request for assistance with legislation to the delivery of a project plan. Chapter nine identifies some of the challenges in preparing an investment code and the support that governments may need until the law is promulgated. Chapter ten discusses the monitoring and evaluation (M and E) of investment law reforms, including the key indicators involved in a desk review and medium- and large-scale projects.en
dc.identifierhttp://documents.worldbank.org/curated/en/2016/09/20278274/investment-law-reform-handbook-development-practitioners
dc.identifier.doi10.1596/25206
dc.identifier.urihttps://hdl.handle.net/10986/25206
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAMOUNT OF CAPITAL
dc.subjectARBITRATION
dc.subjectAUTHORIZATION REQUIREMENT
dc.subjectBANKING SYSTEMS
dc.subjectBARRIER
dc.subjectBONDS
dc.subjectBUSINESS ENVIRONMENT
dc.subjectCAPACITY CONSTRAINTS
dc.subjectCENTRAL BANKS
dc.subjectCIVIL LAW
dc.subjectCLIENT COUNTRY
dc.subjectCOMMERCIAL BASIS
dc.subjectCOMMON LAW
dc.subjectCOMMON MARKET
dc.subjectCOMPETITION POLICIES
dc.subjectCOMPETITIVE MARKETS
dc.subjectCOPYRIGHT CLEARANCE
dc.subjectCOPYRIGHT CLEARANCE CENTER
dc.subjectCOUNTRY RISK
dc.subjectCROSS-BORDER FLOWS
dc.subjectDEBENTURES
dc.subjectDEBT
dc.subjectDEBT INSTRUMENTS
dc.subjectDEGREE OF LIQUIDITY
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPING ECONOMY
dc.subjectDIRECT INVESTMENT
dc.subjectDIRECT INVESTMENTS
dc.subjectDISPUTE RESOLUTION
dc.subjectDOMESTIC INVESTMENT
dc.subjectDOMESTIC INVESTORS
dc.subjectECONOMIC CRISES
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC INTEGRATION
dc.subjectECONOMIC POLICIES
dc.subjectECONOMICS
dc.subjectENTRY BARRIERS
dc.subjectENTRY REQUIREMENTS
dc.subjectEPZ
dc.subjectEQUIPMENT
dc.subjectEQUITY CAPITAL
dc.subjectEQUITY SECURITIES
dc.subjectEXCHANGE COMMISSIONS
dc.subjectEXPORT PROCESSING ZONE
dc.subjectEXPROPRIATION
dc.subjectFINANCE CORPORATION
dc.subjectFINANCIAL FLOWS
dc.subjectFINANCIAL MARKETS
dc.subjectFLOWS OF CAPITAL
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN COMPANIES
dc.subjectFOREIGN COMPANY
dc.subjectFOREIGN DEBTS
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN INVESTMENTS
dc.subjectFOREIGN INVESTOR
dc.subjectFOREIGN INVESTORS
dc.subjectFOREIGN MARKETS
dc.subjectFOREIGN NATIONAL
dc.subjectFOREIGN NATIONALS
dc.subjectFOREIGN OWNERSHIP
dc.subjectFREE TRADE
dc.subjectFREE TRADE AGREEMENT
dc.subjectFREE TRADE AGREEMENTS
dc.subjectFUND INVESTMENT
dc.subjectGOOD INVESTMENT CLIMATE
dc.subjectGOVERNMENT POLICY
dc.subjectGOVERNMENT REVENUE
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectHEDGE FUNDS
dc.subjectHOLDING
dc.subjectHOST COUNTRIES
dc.subjectHOST COUNTRY
dc.subjectHOST GOVERNMENT
dc.subjectHUMAN RESOURCES
dc.subjectINCOME
dc.subjectINCOME LEVELS
dc.subjectINCOME TAX
dc.subjectINDIVIDUAL INVESTOR
dc.subjectINDIVIDUAL INVESTORS
dc.subjectINSTITUTIONAL BARRIERS
dc.subjectINSTITUTIONAL INFRASTRUCTURE
dc.subjectINSTRUMENT
dc.subjectINSURANCE
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL COOPERATION
dc.subjectINTERNATIONAL COURT
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL INVESTMENT
dc.subjectINTERNATIONAL LAW
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINTERNATIONAL TRADE
dc.subjectINTERNATIONAL TRADE LAW
dc.subjectINVESTING
dc.subjectINVESTMENT AGREEMENTS
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT CLIMATE REFORM
dc.subjectINVESTMENT CLIMATES
dc.subjectINVESTMENT CODE
dc.subjectINVESTMENT DECISIONS
dc.subjectINVESTMENT DISPUTES
dc.subjectINVESTMENT FUNDS
dc.subjectINVESTMENT INCENTIVES
dc.subjectINVESTMENT MARKETS
dc.subjectINVESTMENT OPERATIONS
dc.subjectINVESTMENT POLICIES
dc.subjectINVESTMENT POLICY
dc.subjectINVESTMENT PROCESS
dc.subjectINVESTMENT PROJECTS
dc.subjectINVESTMENT PROMOTION
dc.subjectINVESTMENT REGIMES
dc.subjectINVESTMENT REGULATION
dc.subjectINVESTMENT REGULATIONS
dc.subjectINVESTMENT REQUIREMENT
dc.subjectINVESTMENT REQUIREMENTS
dc.subjectJOB CREATION
dc.subjectJUDICIAL ENFORCEMENT
dc.subjectJURISDICTION
dc.subjectJURISDICTIONS
dc.subjectLABOR MARKET
dc.subjectLABOR MARKETS
dc.subjectLEGAL DRAFTING
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGAL FRAMEWORKS
dc.subjectLEGAL INSTRUMENTS
dc.subjectLEGAL PROVISIONS
dc.subjectLEGAL SYSTEM
dc.subjectLEGAL SYSTEMS
dc.subjectLEGAL TOOL
dc.subjectLEGAL TRADITION
dc.subjectLIBERAL ENTRY
dc.subjectLIBERALIZATION
dc.subjectLICENSING AGREEMENT
dc.subjectLIMITED LIABILITY
dc.subjectLIMITED LIABILITY COMPANIES
dc.subjectLOCAL CAPACITY
dc.subjectLOCAL CURRENCY
dc.subjectLONG-TERM INVESTMENT
dc.subjectMACROECONOMIC CONDITIONS
dc.subjectMACROECONOMIC POLICY
dc.subjectMARKET ACCESS
dc.subjectMARKET ENTRY
dc.subjectMARKET STRUCTURES
dc.subjectMINIMUM CAPITAL REQUIREMENT
dc.subjectMINIMUM CAPITAL REQUIREMENTS
dc.subjectMINORITY SHAREHOLDINGS
dc.subjectMODEL LAW
dc.subjectMODEL LAWS
dc.subjectMONETARY FUND
dc.subjectMONOPOLIES
dc.subjectMONOPOLISTIC MARKET
dc.subjectNATIONAL SECURITY
dc.subjectNATURAL RESOURCES
dc.subjectOPPORTUNITY COSTS
dc.subjectPEP
dc.subjectPHYSICAL ASSETS
dc.subjectPOLITICAL RISK
dc.subjectPORTFOLIO
dc.subjectPORTFOLIO INVESTMENT
dc.subjectPORTFOLIO INVESTMENTS
dc.subjectPOTENTIAL INVESTORS
dc.subjectPOVERTY ALLEVIATION
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE INVESTMENTS
dc.subjectPRIVATE INVESTORS
dc.subjectPRIVATE PROPERTY
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectPROFIT ORGANIZATIONS
dc.subjectPROPERTY RIGHTS
dc.subjectPROTECTING INVESTORS
dc.subjectPUBLIC INVESTMENT
dc.subjectREFORM PROGRAMS
dc.subjectREGIONAL INTEGRATION
dc.subjectREGULATORY AUTHORITIES
dc.subjectREGULATORY FRAMEWORK
dc.subjectREGULATORY FRAMEWORKS
dc.subjectREGULATORY REFORM
dc.subjectREMITTANCE
dc.subjectRESTRICTIVE INVESTMENT POLICY
dc.subjectRULE OF LAW
dc.subjectSECURITY INTERESTS
dc.subjectSETTLEMENT
dc.subjectSHAREHOLDER
dc.subjectSTATE ENTERPRISES
dc.subjectSTATEMENT
dc.subjectSTOCKS
dc.subjectTAX
dc.subjectTAX OBLIGATIONS
dc.subjectTAX POLICIES
dc.subjectTAX POLICY
dc.subjectTAX REVENUES
dc.subjectTAX SYSTEM
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTELECOMMUNICATIONS
dc.subjectTRANSITION COUNTRIES
dc.subjectTRANSITION ECONOMIES
dc.subjectTRANSPARENCY
dc.subjectTREASURY
dc.subjectTREATIES
dc.subjectTREATY
dc.subjectURBANIZATION
dc.subjectWORLD TRADE
dc.titleInvestment Law Reformen
dc.title.subtitleA Handbook for Development Practitionersen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleInvestment Law Reform
okr.date.disclosure2016-09-21
okr.date.doiregistration2025-05-05T12:44:59.493876Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2016/09/20278274/investment-law-reform-handbook-development-practitioners
okr.guid306631474483143823
okr.identifier.externaldocumentum000442464_20141010111337
okr.identifier.internaldocumentum20278274
okr.identifier.report91174
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/10/10/090224b0828d0a77/_/Rendered/PDF/911740WP0Box3800Law0Reform0Handbook.pdfen
okr.topicMacroeconomics and Economic Growth::Investment and Investment Climate
okr.topicMacroeconomics and Economic Growth::Economic Policy, Institutions and Governance
okr.topicInternational Economics and Trade::Foreign Direct Investment
okr.topicPrivate Sector Development::Business Environment
okr.unitTrade & Compet - GP - IBRD (GTCDR)
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